Screening Filters
Market Cap Category: Large
- Purpose: This filter ensures that only large-cap stocks are included in the search. Large-cap stocks are typically well-established companies with a market capitalization of $10 billion or more.
- Rationale: The user specifically requested "big cap stocks," which directly corresponds to large-cap stocks. This filter narrows the search to meet the user's preference for larger, more stable companies.
RSI Category: Oversold
- Purpose: This filter identifies stocks that are currently in the "oversold" category based on the Relative Strength Index (RSI). An RSI below 30 is generally considered oversold, indicating that the stock may be undervalued or experiencing temporary selling pressure.
- Rationale: The user explicitly asked for stocks that are "currently oversold in RSI." This filter directly addresses that request by focusing on stocks that meet the oversold RSI criteria.
Relative Volume: Minimum 25%
- Purpose: This filter ensures that the stocks included in the search are trading with at least 25% of their average relative volume. Relative volume compares the current trading volume to the stock's average volume over a specific period.
- Rationale: The user requested stocks "trading with increased volume." By setting a minimum relative volume threshold of 25%, the filter captures stocks with higher-than-usual trading activity, albeit at a lower threshold than previously used (100% or 50%). This adjustment reflects the user's request to "lower further the volume."
Why Results Match:
- The filters align with the user's query by focusing on large-cap stocks (big cap), oversold RSI conditions, and increased trading volume.
- However, no results were returned because the combination of these filters may be too restrictive. For example:
- Large-cap stocks are generally less volatile and may not frequently meet the oversold RSI condition.
- A relative volume threshold of 25% may still be too high when combined with the other criteria, especially in a market environment where trading activity is subdued.
Why No Results Were Found:
- The combination of large-cap stocks, oversold RSI, and a relative volume threshold of 25% may have resulted in no matches because:
- Large-cap stocks are less likely to experience extreme RSI conditions (oversold) due to their stability.
- The relative volume threshold, while lowered, may still exclude stocks that are oversold but not trading with significantly increased volume.
- Market conditions (e.g., low overall trading activity or lack of oversold large-cap stocks) may also contribute to the lack of results.
Next Steps:
Would you like to adjust the filters further? For example:
- Lowering the relative volume threshold even more (e.g., to 10%) to capture stocks with less pronounced volume increases.
- Expanding the market cap category to include mid-cap stocks, which may have more oversold candidates.
- Adjusting the RSI category to include stocks that are "near oversold" (e.g., RSI below 40) to broaden the search.
Let me know how you'd like to proceed!
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.